According to the latest data released by the General Statistics Office (Ministry of Finance) on the morning of August 6, 2025, the import and export turnover of goods in July 2025 reached $82.27 billion, an increase of 8.0% compared to the previous month and up 16.8% over the same period last year.
Accumulated in the first seven months of 2025, the total import-export turnover of goods reached $514.7 billion, up 16.3% over the same period last year, of which exports increased by 14.8% and imports rose by 17.9%.
In more detail, the export turnover of goods in July 2025 reached $42.27 billion, up 6.9% compared to the previous month. Specifically, the domestic economic sector reached $8.95 billion, up 3.5%, while the foreign-invested sector (including crude oil) attained $33.32 billion, a rise of 7.9%.
Compared to the same period last year, the export turnover of goods in July 2025 surged by 16.0%, with the domestic economic sector decreasing by 10.3% and the foreign-invested sector (including crude oil) climbing by 25.9%.
In the first seven months of 2025, the export turnover of goods reached $262.44 billion, an increase of 14.8% over the same period last year. Specifically, the domestic economic sector attained $67.48 billion, up 6.7% and accounting for 25.7% of the total export turnover, while the foreign-invested sector (including crude oil) reached $194.96 billion, a rise of 17.9% and making up 74.3%.
In the first seven months of 2025, 28 commodity groups had an export turnover of over $1 billion, accounting for 91.7% of the total export turnover (including nine groups with an export turnover of over $5 billion, making up 72.3%).
Regarding the export commodity structure in the first seven months of 2025, the processing industry reached $232.37 billion, accounting for 88.6%; agricultural and forestry products attained $22.4 billion or 8.5%; aquatic products reached $6.08 billion or 2.3%; and fuels and minerals earned $1.59 billion or 0.6%.
On the import side, the turnover of goods imported in July 2025 reached $40.0 billion, an increase of 9.1% compared to the previous month. In particular, the domestic economic sector attained $11.29 billion, up 4.6%, while the foreign-invested sector reached $28.71 billion, a climb of 11.0%.
Compared to the same period last year, the import turnover of goods in July 2025 rose by 17.8%, with the domestic economic sector decreasing by 5.0% and the foreign-invested sector surging by 30.0%.
In the first seven months of 2025, the import turnover of goods reached $252.26 billion, an increase of 17.9% over the same period last year, of which the domestic economic sector attained $84.07 billion, up 8.0%, while the foreign-invested sector reached $168.19 billion, a climb of 23.6%.
In the first seven months of 2025, there were 36 groups of imported commodities with a value of over $1 billion, accounting for 90.5% of the total import turnover (including nine groups with an import turnover of over $5 billion, making up 64.1%).
Regarding the import commodity structure in the first seven months of 2025, the production materials group reached $236.57 billion, accounting for 93.8%, of which the group of machinery, equipment, tools, and spare parts accounted for 51.7%, and the group of raw materials, fuels, and materials made up 42.1%. The consumer goods group reached $15.69 billion, or 6.2%.
In terms of import and export markets for goods in the first seven months of 2025, the United States was Vietnam’s largest export market, with a turnover of $85.1 billion. China was the largest import market, with a turnover of $101.5 billion.
In the first seven months of 2025, the surplus with the US market reached $74.6 billion, an increase of 28.6% over the same period last year; the surplus with the EU market was $22.3 billion, up 9.9%; and the surplus with the Japanese market was $1.3 billion, a climb of 21.0%. Meanwhile, the deficit with the Chinese market was $66.5 billion, an increase of 41.1%; the deficit with the Korean market was $17.4 billion, a slight decrease of 0.2%; and the deficit with the ASEAN market was $8.5 billion, up 63.0%.
Thus, with the above results, the preliminary trade balance of goods in July 2025 saw a surplus of $2.27 billion. Accumulated in the first seven months of 2025, the trade balance of goods had a surplus of $10.18 billion (in the same period last year, there was a surplus of $14.63 billion). Specifically, the domestic economic sector had a deficit of $16.6 billion, while the foreign-invested sector (including crude oil) had a surplus of $26.78 billion.
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